Saudi Opens three gas projects to Foreign Investors

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(MEBG) - Investments for three upstream gas projects in Saudi Arabia will be open to foreign oil companies, reported the Middle East Economic Survey (MEES) . However Saudi official made it clear that the investment Is not limited only to the core business. Offers will have to be submitted within six weeks.

The listed projects are the Haradh gas development project in partnership with state-owned Saudi Aramco in the east, the integrated Rabigh refinery and petrochemical project on the Red Sea, and gas development in the southeastern Kidan and Shaybah fields on the border with the UAE.